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Income Tax Assessment Amendment Regulation 2013 (No 1) was made on 1 March 2013 and registered on the Federal Register of Legislative Instruments on 4 March 2013 as Select Legislative Instrument 2013 No 24.

The regulation amends the Income Tax Assessment Regulations 1997 to insert the 'cents per kilometre' rates for calculating tax deductions for car expenses for the 2012-13 income year.

The rates for the 2012-13 income year do not change from the 2011-12 rates, 2010-11 rates, 2009-10 rates and the 2008-09 rates, because the Private Motoring Subgroup index at September 2012 was still below its level at September 2008 and are as follows:


Engine capacity of car not powered by a rotary engine (cc)

Engine capacity of car powered by a rotary engine (cc)

Rate per kilometre (cents)

Small car

Not exceeding 1600cc

Not exceeding 800cc


Medium car

Exceeding 1600cc but not exceeding 2600cc

Exceeding 800cc but not exceeding 1300cc


Large car

Exceeding 2600cc

Exceeding 1300cc



The Regulation is also relevant for the purposes of the Fringe Benefits Tax Assessment Act 1986 (FBTAA 1986). The definition of 'basic car rate' in s 136(1) of the FBTAA 1986 provides that the rate is the same as that prescribed for the purposes of s 28-25 of ITAA 1997('the cents per kilometre method'). The 'basic car rate' is used in the calculation of the taxable value of a number of fringe benefits.

For a copy of the Explanatory Statement, click on the Explanatory Statement tab.


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